Fuel

About Fuel News...

Transport Topics fuel coverage looks closely at what powers trucks. From the latest on battery, diesel and alternative fuel technology to the costs and prices associated with each, this news category covers today’s fuel ecosystem extensively. Topics include green house gas regulation, fuel prices, equipment costs, fuel infrastructure, surcharge and more.

Business, Fuel

Nikola Motor Promises Prototype Electric Class 8 Truck This Year

Nikola Motor Co. will display a working prototype of a 2,000 horsepower Class 8 all-electric truck “later this year,” the manufacturer said.

May 12, 2016
Business, Fuel

Diesel Rises 0.5¢ to $2.271

The U.S. retail diesel average inched up 0.5 cent to $2.271, the Department of Energy said.

May 9, 2016
Business, Fuel

New Fuel Tool Provides Fleets Climate Emission Data

The nonprofit network Business for Social Responsibility said it launched an interactive database called Fuel Tool to support the transition to low-carbon commercial road freight.

May 9, 2016
Business, Fuel

Oil Trades Near $45 as Canada Wildfires Temper Global Surplus

Crude traded near $45 a barrel May 8 as Canadian wildfires knocked out about 1 million barrels a day of production, outweighing the new Saudi Arabian oil minister’s pledge to maintain the country’s policy of near-record output.

May 9, 2016
Business, Fuel, Government

Diesel Climbs to 2016 High

The U.S. average diesel price rose for the 10th time in 11 weeks, this time by 6.8 cents a gallon to $2.266 — the highest price since just before Christmas, the Department of Energy reported May 2.

Jonathan S. Reiskin | Associate News Editor
May 9, 2016
Fuel

Carbon-Based Fuels Face Growing Opposition, Lobbyist Says

WASHINGTON — The United States is enjoying a remarkable abundance of energy choices, much of it due to hydraulic fracturing, or fracking. However, there is a growing legal and regulatory challenge to reduce the production and use of fossil fuels by limiting their extraction and transport, a lobbyist said here in a briefing for an American Trucking Associations committee.

Jonathan S. Reiskin | Associate News Editor
May 9, 2016
Business, Fuel

Soaring Gasoline Demand Isn't Enough to Stop Supply Glut

The biggest increase in U.S. gasoline demand in almost 40 years hasn’t been enough to keep storage tanks from filling up.

May 5, 2016
Business, Fuel

Diesel Rises to Highest Level This Year

The U.S. average retail diesel price rose by 6.8 cents to $2.266 a gallon, the highest level this year, the Department of Energy reported after its May 2 survey of fueling stations.

May 2, 2016
Business, Fuel

Gasoline Consumption in US Rises Most in Nearly Four Decades

U.S. gasoline demand rose at the fastest annual rate in almost 40 years in February as stronger economic growth and cheap fuel prices spur driving in the world’s biggest oil consumer.

Javier Blas | Bloomberg News
May 2, 2016
Business, Fuel

Green Fleets Still Committed to CNG Even As Diesel Prices Remain Low

Green fleets today are in a market that is a far cry from a few years ago, when diesel prices were soaring and much cheaper alternative fuels, especially compressed natural gas, seemed on the verge of going mainstream.

Roger Gilroy | Senior Reporter
May 2, 2016